Argentina taps the local market to fund a $4.2 billion bondholder payment due July 9

Argentina's Economy Ministry issued the Bonar 2028 (AO28) dollar-denominated bond under local law to secure most of the $4.2 billion needed for a bondholder payment due July 9. The Finance Secretariat awarded an additional $100 million in a second auction round, reaching the $2 billion cap for the instrument.